Chinese Financial Markets

Catalog description

This course introduces the institutions, instruments, and empirical regularities of Chinese financial markets and the role these markets play in the broader Chinese economy. The goal of the course is to provide students with a comprehensive understanding of Chinese financial markets. The course begins with redux in Money, Banking and Finance and an overview of the evolution of China’s financial system. The main part of the course focuses on current issues and debates about Chinese financial markets. Some of the topics include the Chinese banking system, RMB exchange rates, Chinese stock markets and bond markets, mutual fund and hedge fund industry, Chinese derivative markets and other important topics. The similarities and differences between Chinese financial markets and more developed financial markets will be highlighted. Pre-requisites: Foundations of Finance or Principles of Finance Fulfillment: BUSF China Business Studies or Finance elective; BUSM China Business Studies or Non-Marketing elective; IMB Business elective.